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Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Oct. 31, 2013
Oct. 31, 2012
Oct. 31, 2013
Oct. 31, 2012
Revenues from real estate operations $ 266,227,000 $ 272,849,000 $ 853,936,000 $ 791,669,000
Expenses        
Operating expenses 210,255,000 175,275,000 603,715,000 495,692,000
Depreciation and amortization 85,100,000 55,479,000 245,305,000 155,714,000
Impairment of real estate 200,155,000 30,200,000 208,210,000 30,660,000
Net (gain) loss on land held for divestiture activity 0 (807,000) 7,555,000 5,651,000
Total expenses 495,510,000 260,147,000 1,064,785,000 687,717,000
Interest expense (72,126,000) (66,744,000) (250,100,000) (180,988,000)
Amortization of mortgage procurement costs (2,246,000) (2,611,000) (7,572,000) (8,674,000)
Gain (loss) on extinguishment of debt (13,096,000) 8,007,000 6,335,000 7,288,000
Interest and other income 13,881,000 10,426,000 37,063,000 34,504,000
Net gain on disposition of partial interests in rental properties 491,160,000 0 496,092,000 0
Earnings (loss) before income taxes 188,290,000 (38,220,000) 70,969,000 (43,918,000)
Income tax expense (benefit)        
Current 29,151,000 (23,804,000) 7,681,000 (50,077,000)
Deferred 71,493,000 3,779,000 60,841,000 30,189,000
Total income tax expense (benefit) 100,644,000 (20,025,000) 68,522,000 (19,888,000)
Net gain on change in control of interests 0 0 2,762,000 6,766,000
Earnings (loss) from unconsolidated entities, gross of tax        
Equity in earnings 46,474,000 4,189,000 59,815,000 24,627,000
Impairment 0 0 0 (390,000)
Net gain (loss) on land held for divestiture activity 186,000 (283,000) 867,000 (42,170,000)
Total equity in earnings (loss) from unconsolidated entities 46,660,000 3,906,000 60,682,000 (17,933,000)
Earnings (loss) from continuing operations 134,306,000 (14,289,000) 65,891,000 (35,197,000)
Discontinued operations, net of tax:        
Operating earnings (loss) from rental properties (188,000) 2,153,000 2,137,000 5,805,000
Impairment of real estate 0 (100,000) 0 (2,604,000)
Gain on disposition of rental properties 856,000 10,589,000 26,378,000 16,238,000
Earnings from discontinued operations 668,000 12,642,000 28,515,000 19,439,000
Net earnings (loss) 134,974,000 (1,647,000) 94,406,000 (15,758,000)
Noncontrolling interests        
(Earnings) loss from continuing operations attributable to noncontrolling interests, gross of tax 18,483,000 362,000 29,250,000 (4,927,000)
(Earnings) loss from discontinued operations attributable to noncontrolling interests (128,000) 207,000 (5,976,000) (1,358,000)
(Earnings) loss attributable to noncontrolling interests 18,355,000 569,000 23,274,000 (6,285,000)
Net earnings (loss) attributable to Forest City Enterprises, Inc. 153,329,000 (1,078,000) 117,680,000 (22,043,000)
Preferred dividends and inducements of preferred stock conversion 0 (17,731,000) (185,000) (25,431,000)
Net earnings (loss) attributable to Forest City Enterprises, Inc. common shareholders $ 153,329,000 $ (18,809,000) $ 117,495,000 $ (47,474,000)
Basic earnings (loss) per common share        
Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc. common shareholders $ 0.75 $ (0.19) $ 0.48 $ (0.39)
Earnings from discontinued operations attributable to Forest City Enterprises, Inc. common shareholders $ 0.00 $ 0.08 $ 0.11 $ 0.11
Net earnings (loss) attributable to Forest City Enterprises, Inc. common shareholders $ 0.75 $ (0.11) $ 0.59 $ (0.28)
Diluted earnings (loss) per common share        
Earnings (loss) from continuing operations attributable to Forest City Enterprises, Inc. common shareholders $ 0.67 $ (0.19) $ 0.47 $ (0.39)
Earnings from discontinued operations attributable to Forest City Enterprises, Inc. common shareholders $ 0.00 $ 0.08 $ 0.10 $ 0.11
Net earnings (loss) attributable to Forest City Enterprises, Inc. common shareholders $ 0.67 $ (0.11) $ 0.57 $ (0.28)